Well right now I have one eye on the market, one on the Spain versus Germany game, and one eye on my iPad. Wait, that’s too many eyes. Anyway this is the World Cup Semis, so even if you don’t care about European Football (which I know you don’t), for the love of sports, you got to watch this!
Meanwhile, we finally got that big market rally I was talking about. This tape went from totally confusing to reasonably predictable. Remember, big one-day rallies follow a long multi-day market decline. So you had 7 days of decline, one day of rest, and one day of spike (today). But that’s all you’re going to get. I am not buying this rally.
– One thing I find interesting though, is that latin related stocks seem to pick up during the World Cup. Lol. Just look at MELI @ 55. It’s a rare stock with strong technicals. I was wondering why it kept coming up on many bullish screens. Maybe it’s because everyone is bidding on soccer jerseys?
– Tech is doing great today, but stubbornly I won’t buy. Maybe you can? If so, check out NETL, VMW, WBSN, and RVBD. Riverbed is up about 7%… that’s a stock we like here on iBC. NETL and WBSN up 7% too. If you’re going to trade tech, please please please trade these four or the like. Stay away from the old boring ones like YHOO, EBAY, MSFT, INTC etc. I probably will get long WBSN and RVBD again when the market declines.
Ok, back to the game. Impress me Villa.
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SPAIN ALL DAY. they’re killing possession, only a matter of time before they break through.
spain!
represent.
…if for some reason they lose…
(s)pain
Gio,
Just got into some MELI today at around $54. What are your thoughts on the growth prospects of the stock? Obviously the technicals look strong as of late, and I believe they will continue to look good in the near term. I was just wondering if you had any thoughts on the overall fundamentals and the longer-term prospects. Thanks.
MELI is heavy shorted, which makes it a good hold in a bear market. also remember, when US markets underperform, you usually see foreign developing markets have buyer interest. Does Cramer still like this stock? hope not.
-gio-
so close to finishing it! pedro so selfish didn’t hook torres up!
Yah, he got yanked out because of that. Torres guarantee scores on a simple pass. Even I could have made that pass.
for real, just watched the replay, so brutal. great call by the coach taking him off for that. silva’s a sick player anyway, man needs more playing time.
SPAIN!!!! tHANK YOu Puyol! you are a beast.
Spain owned this game!
EHHHHH!!
hi 5!
Make way for el nino http://www.youtube.com/watch?v=4jRMnBjcZLE
I just realized, Americans are HORRIBLE at geography. No one here knows where Johannesburg is. And my friend didn’t even know Algeria was in Africa. He thought it was in Mexico. I had to explain to him that there are no countries in Mexico, and that Mexico was already a country. But everyone knows where Hawaii is!
haha hi 5! sick video, nice to have someone at ibc who appreciates the game too. hopefully torres FINALLY gets going in the finals, if he hadn’t been injured for most of the year this would’ve been a no-contest tourni for SPAIN.